SMR vs. FCLD
SMR (NuScale Power Corporation) is a stock, while FCLD (Fidelity Cloud Computing ETF) is Technology Equities fund tracking the Fidelity Cloud Computing Index - Benchmark TR Gross. Over the past 3 years, SMR returned 5.43%/yr vs 24.61%/yr for FCLD. At a 0.33 correlation, their price movements are largely independent.
Performance
SMR vs. FCLD - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SMR achieves a -30.20% return, which is significantly lower than FCLD's 26.37% return.
SMR
- 1D
- 3.34%
- 1M
- -17.99%
- YTD
- -30.20%
- 6M
- -46.07%
- 1Y
- -74.52%
- 3Y*
- 5.43%
- 5Y*
- -0.32%
- 10Y*
- —
FCLD
- 1D
- 1.88%
- 1M
- 10.02%
- YTD
- 26.37%
- 6M
- 24.95%
- 1Y
- 37.85%
- 3Y*
- 24.61%
- 5Y*
- —
- 10Y*
- —
SMR vs. FCLD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
SMR NuScale Power Corporation | -30.20% | -20.97% | 444.98% | -67.93% | 2.29% | 14.24% |
FCLD Fidelity Cloud Computing ETF | 26.37% | 8.19% | 21.80% | 53.05% | -41.32% | -1.59% |
Correlation
The correlation between SMR and FCLD is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.41 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.42 |
Correlation (All Time) Calculated using the full available price history since Oct 7, 2021 | 0.33 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SMR vs. FCLD — Risk / Return Rank
SMR
FCLD
SMR vs. FCLD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for NuScale Power Corporation (SMR) and Fidelity Cloud Computing ETF (FCLD). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| SMR | FCLD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.03 | ||
| Sortino ratioReturn per unit of downside risk | -3.08 | ||
| Omega ratioGain probability vs. loss probability | 0.87 | 1.22 | -0.35 |
| Calmar ratioReturn relative to maximum drawdown | -0.91 | 2.07 | -2.98 |
| Martin ratioReturn relative to average drawdown | -1.32 | 5.28 | -6.59 |
Loading charts...
Drawdowns
SMR vs. FCLD - Drawdown Comparison
The maximum SMR drawdown since its inception was -87.47%, which is greater than FCLD's maximum drawdown of -50.85%. Use the drawdown chart below to compare losses from any high point for SMR and FCLD.
Loading charts...
Drawdown Indicators
| SMR | FCLD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -87.47% | -50.85% | -36.62% |
Max Drawdown (1Y)Largest decline over 1 year | -82.86% | -17.48% | -65.38% |
Max Drawdown (3Y)Largest decline over 3 years | -82.86% | -34.80% | -48.06% |
Max Drawdown (5Y)Largest decline over 5 years | -87.47% | — | — |
Current DrawdownCurrent decline from peak | -81.49% | -9.85% | -71.64% |
Average DrawdownAverage peak-to-trough decline | -35.08% | -20.42% | -14.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 57.39% | 6.84% | +50.55% |
Volatility
SMR vs. FCLD - Volatility Comparison
NuScale Power Corporation (SMR) has a higher volatility of 28.93% compared to Fidelity Cloud Computing ETF (FCLD) at 11.75%. This indicates that SMR's price experiences larger fluctuations and is considered to be riskier than FCLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SMR | FCLD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 28.93% | 11.75% | +17.18% |
Volatility (6M)Calculated over the trailing 6-month period | 69.57% | 22.90% | +46.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 102.59% | 28.06% | +74.53% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 93.50% | 30.54% | +62.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 89.31% | 30.54% | +58.77% |
Dividends
SMR vs. FCLD - Dividend Comparison
SMR has not paid dividends to shareholders, while FCLD's dividend yield for the trailing twelve months is around 0.02%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
FCLD Fidelity Cloud Computing ETF | 0.02% | 0.03% | 0.13% | 0.17% | 0.26% | 0.13% |
SMR NuScale Power Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
SMR and FCLD have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SMR has higher volatility (28.93%) compared to FCLD (11.75%). In terms of maximum drawdown, SMR dropped -87.47% vs FCLD's -50.85%.
FCLD currently has the higher Sharpe Ratio (1.29 vs -0.74), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for SMR and FCLD
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer